4Accepted Sep 1, 5:11 PM ET
BlackBerry (BB) Director Philip G. Brace Receives 9,663 Deferred Share Units
Accepted (ET)
5:11 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
5.7 KB
Summary
BlackBerry (BB) Director Philip G. Brace Receives 9,663 Deferred Share Units
What Happened
Philip G. Brace, a director of BlackBerry Limited (BB), received an award of 9,663 deferred share units (DSUs) on 2026-08-31. This was an equity grant (derivative award), not an open-market purchase or sale; no per-share price or immediate cash value is reported.
Key Details
- Transaction date: 2026-08-31; Filing date: 2026-09-01 (no late filing indicated).
- Transaction type: Award/Grant (derivative) — 9,663 DSUs; price reported as N/A.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote: Each DSU equals the economic equivalent of one common share and becomes payable (in cash, common shares, or a mix) at BlackBerry’s discretion after the director’s service ends.
Context
DSUs are deferred compensation tied to the company’s stock value and are paid out after the director leaves the board; they are common for non-employee directors and do not reflect an immediate cash inflow or an open‑market investment decision. This award is a routine compensation event rather than a buy/sell signal.